Job Description
Team & Job Overview
FinDev Canada is currently looking for Development Impact Advisors and/or Sr. Advisors, to support the review and implementation of FinDev Canada’s Development Impact Framework and accompanying tools, fulfilling a variety of tasks critical to the success of the organization. The roles report to the Director, Impact Strategies and Thought Leadership.
This is a unique opportunity to join a growing team of highly talented and committed professionals whose mission is build a successful, ground-breaking organization whose activities will contribute to changing people’s lives in developing countries by supporting successful and impactful businesses.
Our purpose is to help entrepreneurs build a sustainable future for their businesses, which in turn will better support their communities. Our development impact goals focus on market development, women’s economic empowerment, and climate mitigation and adaptation, and FinDev Canada’s Development Impact Framework, Gender Equality Strategy and Climate Change Strategy outline how the organization plans to effectively assess, monitor, and report on projected and actual development impacts throughout the lifecycle of our investments.
Working closely with other team members, including from the Investment team, Risk Management team, and Strategy team and our clients, the role ensures that FinDev Canada’s approach to development impact is aligned with our corporate objectives. The successful candidates will play a key role in the implementation and continuous improvement of FinDev Canada’s tools, practices and thinking in the area of development impact to optimize the organization’s performance in these areas.
Key Responsibilities
As a member of the Impact Enablement team, the Development Impact Advisor or Sr. Advisor implements FinDev Canada’s Development Impact Framework and is responsible for the optimization and application of FinDev Canada’s approach and practices related to development impact. This may include, inter alia:
Advisor:
- Be a lead contributor to the review and continuous improvement of our proprietary development impact tool, as well as other impact assessment, management and reporting processes, ensuring they are in line with leading approaches and latest evidence in the field.
- Proactively consult and communicate with Impact and Investment team members to get their input and feedback on how to improve our impact tools, practices and processes.
- Support investment portfolio management by conducting advanced analyses and modelling on our impact at both client and portfolio levels.
- Conduct research on strategic development impact topics using advanced quantitative and qualitative methods and use the results to produce compelling reports, presentations, and articles for various audiences.
- Engage with FinDev Canada clients, in collaboration with the Investment team, to understand clients’ impact objectives and the support they require to maximize developmental impacts and their business success.
- Support the technical assistance facility in providing capacity building and advisory services to FinDev Canada clients, particularly as it relates to gender equality and women’s economic empowerment, impactful data, and climate mitigation and adaptation.
- Develop and deliver trainings on development impact for other staff members, clients, and other stakeholders.
- Contribute to corporate knowledge by analyzing and sharing best practice and lessons learned.
- Contribute to communications and thought leadership including the annual report, social media content, and blog on topics related to development impacts of FinDev Canada clients / portfolio, particularly as it relates to development impact.
Senior Advisor:
In addition to the above:
- Be the lead internal resource on FinDev Canada’s Development Impact Framework and tools, answering team members’ questions and troubleshooting issues.
- Lead on the development of FinDev Canada’s thought leadership strategy, encompassing monitoring, learning and evaluation (MEL) and research.
- Provide information and advice on development impact to senior management and the Board of Directors.
- Support other team members on the development, review and continuous improvement of FinDev Canada’s climate, gender and market development approaches.
- Lead and coordinate the team’s effort in ensuring alignment with the Operating Principles for Impact Management (OPIM), covering development impact and environmental & social risk management, and make sure FinDev Canada complies with its reporting and verification obligations as an OPM signatory.
- Represent FinDev Canada in various events and speaking engagements (nationally and internationally) related to development impact.
- Build, maintain and leverage relationships with leading industry organizations and professionals working in development impact management to ensure continued relevance of FinDev Canada’s approaches.
- Support the Director, Impact Strategies and Thought Leadership and the Chief Impact Officer with human resources and team leadership duties.
Screening Criteria
- Undergraduate degree in a relevant field, with a specialization in economics, development studies, international affairs or other relevant disciplines; postgraduate studies (e.g. master) would be a strong asset.
- Minimum of 5 years (Advisor), 7 years (Senior Advisor) or 10 years (Principal – Advanced Expert) of direct relevant practical experience working on development impact issues in development finance, impact or responsible investment, private sector development in emerging markets or another relevant sector.
- English proficiency: bilingual in both official languages (French and English) preferred.
Assets
- Being a solution-orientated self-starter, with the ability to work collaboratively across multi-disciplinary teams.
- Knowledge of impact measurement, monitoring & evaluation practices.
- Knowledge of specialized technologies, data systems that relate to management information systems of financial sector entities
- Capacity in macro-economic modelling
- Experience engaging directly with private companies in developing countries, preferably in Latin America, the Caribbean, and/or Sub-Saharan Africa.
- Experience in one or more of the following sectors: Sustainable infrastructure (e.g., renewable energy), agri-business value chains, financial intermediaries in developing markets.
- Strong understanding of FinDev Canada’s three development impact goals, i.e., women’s economic empowerment, climate mitigation and adaptation and local market development.
- Strong business communications skills, including writing, presentation, and facilitation skills; ability to convey complex concepts simply.
- Demonstrated innovation skills and personal agility, acquired in such contexts as: direct involvement in new product development and launch, leadership responsibilities in a startup or high growth organization.
- Ability to communicate in Spanish.
- Senior Advisor level: demonstrated thought leadership and/or recognition in the field of development impact, as evidenced by publications, speaking engagements, participation in committees of experts, awards, or other recognitions, for example.
- Senior Advisor level: experience in human resources and team management.
Salary ranges
- Advisor, Development Impact - $75,700 - $113,600, plus performance-based incentive
- Senior Advisor, Development Impact - $89,000 - $133,000, plus performance-based incentive
- Principal: $106,500 - $159, 700, plus performance-based incentive
*Please note that we will consider candidates at the Advisor, Senior Advisor and Principal level depending on the incumbent’s qualifications*.
Location
- This role will be performed with a hybrid work arrangement at the FinDev Canada Head Office in Montreal. Relocation assistance is available for eligible candidates. For qualified candidates, a work arrangement may be considered from Ottawa or Toronto.
- The position will involve travel within Canada and internationally (approximately 20%).
- Multiple roles are available including permanent and contract opportunities.
About the Organization
FinDev Canada, Canada’s bilateral development finance institution, was established in January 2018. Headquartered in Montreal, FinDev Canada is a subsidiary of Export Development Canada (EDC), Canada’s export credit agency.
FinDev Canada’s mandate is to contribute to the economic, social, and environmental progress of emerging markets and developing countries by supporting development through the private sector in a manner consistent with Canada’s international assistance priorities. FinDev Canada provides financing and investment, including blended finance solutions, along with technical assistance and knowledge to support private enterprises and mobilize private capital, both domestic and international, in Sub-Saharan Africa and Latin America and the Caribbean aligned with the Sustainable Development Goals and Paris Agreement commitments. We are driven by three strategic impact goals: women’s economic empowerment, climate action, and market development.
For more information about FinDev Canada, please visit http://www.findevcanada.ca/